COTB MC Qu. 15-54 (Algo) Assume a company had net... Assume a company had net income of $69,000 that included income tax expense of $20,700. It provided the following excerpts from its balance sheet: If the credits to the company's accumulated depreciation account were $21,000, then based solely on the information provided, the company's cash payments for income taxes would be: Multiple Choice $17,700 $22,700. $18,700. $23,700